Gold bars Archives - Page 5 of 5

Buying gold coins and bars continues to be a smart move.

2010 turned out to be a pretty good year for buying gold, and other precious metals. The Dow was up just 11% over the year. Gold was up 29%. Silver was up 81.6% Platinum was up 20%. Palladium was up over 100%. In other words, all precious metals did significantly better than the Dow. Of …

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Why you shouldn’t hide all your gold in the same place.

The photo above shows Saddam Hussein’s gold, hidden in a tanker truck. That’s a lot of gold! And when he had it hidden all in the same place, it was all lost once the truck was found. Of course, he was probably in a bit of a hurry when he hid it. But there is …

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Current gold prices, and the time of year, signify a good time to buy.

If you are planning to buy some more gold coins or gold bars soon, you might want to do so before the end of the year. Current gold prices are down from where they were, and you can catch a good price on any downward move between now and the last day of the month. …

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Why China is buying so much gold.

Ten years ago Chinese investment gold demand – demand not related to jewelry, etc – was about 3 to 4 tons a year. By 2009 it had grown to 45 tons. Shen Xiagrong, chairman of the Shanghai Gold Exchange, recently revealed that China’s gold imports had rocketed almost fivefold so far this year, to 209 …

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Should you buy gold coins or gold bars?

That’s a reasonable question. All other things being equal, you should buy gold bars. In other words, if you are thinking about buying a one ounce gold coin, buy a one ounce gold bar instead. Why? Because you’ll pay less for it. For some reason, the minting cost for bars seem to be less than …

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